On the 16th, strong buying pressure flowed into Shinsegae during the trading session, causing the stock price to surge and triggering a Volatility Indication (VI).

As of 11:14 a.m. that day, Shinsegae's stock price was trading at 774,000 won, up 69,000 won (9.79%) from the previous trading day. During the session, the price temporarily soared to 784,000 won, with the gain briefly exceeding 11%.

A static VI was triggered during the stock's sharp rally. According to the exchange, Shinsegae's reference price for the day was 705,000 won, and the VI trigger price was set at 775,000 won. VI is a system that applies single-price trading for a certain period of time to protect investors when stock prices fluctuate sharply within a short timeframe.

In terms of supply and demand, both foreign and institutional investors engaged in net buying, driving the stock price higher. Meanwhile, retail investors largely unloaded shares to lock in profits, maintaining a selling edge. Following the trend of recent trading days, continued buying from foreigners and institutions has also improved market sentiment. Buy orders concentrated from the opening of the session, causing bid prices to rise rapidly, and trading volume surged as well.

The market analyzes that the stock's strength resulted from improving supply and demand conditions amid growing expectations of a consumption recovery and heightened interest in the department store sector as a whole.

The securities industry notes that while there is a need to remain cautious about the potential for increased volatility following the short-term surge, future earnings improvements and the flow of foreign and institutional trading are expected to be key variables driving further upside.

[※ This article was written with the assistance of artificial intelligence (AI) analysis tools, and the final content was provided after an editorial process. The content included in this article is for informational purposes only and does not constitute a buy or sell recommendation for any specific stock or financial product. Investment decisions and the resulting responsibilities rest entirely with the investor. Actual results may vary depending on market conditions.]